Baltimore Educational Scholarship Trust

Baltimore, MD ยท Founded 1987

Primary audience
Everyone
Contact
Jessica Suriano

About Organization

THE BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST, IN PARTNERSHIP WITH OUR EIGHTEEN INDEPENDENT MEMBER SCHOOLS, RECRUITS AND SUPPORTS THROUGH THE ADMISSIONS PROCESS ACADEMICALLY AMBITIOUS, AFRICAN AMERICAN STUDENTS WITH FINANCIAL NEED FROM THE BALTIMORE AREA. ONCE STUDENTS ARE ENROLLED, B.E.S.T. POSITIONS THEM FOR SUCCESS THROUGH ACADEMIC PREPARATION, CHARACTER AND LEADERSHIP DEVELOPMENT AND SUPPORT PROGRAMS.

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2021)

$1.7M

+3.3% vs 2020

Expenses (2021)

$1.5M

+0.6% vs 2020

Assets (2021)

$12.1M

-11.1% vs 2020

Employees (2021)

17

-5.6% vs 2020

Year Revenue Expenses Assets Employees
2021 $1,667,462 $1,536,684 $12,146,241 17
2020 $1,613,843 $1,527,601 $13,666,046 18
2019 $1,642,869 $1,514,314 $11,413,965 21
2018 $1,638,006 $1,545,975 $11,351,857 20
2017 $1,551,756 $1,566,838 $11,120,795 20

Source: IRS Form 990 filings. All figures in USD.

Team & Leadership

Meet the people behind Baltimore Educational Scholarship Trust.

JS

Jessica Suriano

Executvie Director
Full-time
Compensation: $135,539
CA

Crystal Alston

Director Of Advancement
Full-time
Compensation: $102,214
JW

Jill Wood

Director Of Finance And Operations
Full-time
Compensation: $83,077
BJ

Brune Jean W

Emeritus
1 hrs/week
HI

Harvey III F Barton

Emeritus
HM

Hathaway Molly M

Emeritus
JI

Jacks III Grant

Emeritus
RJ

Reid Jr Vernon A

Emeritus
1 hrs/week
RT

Rodgers Theo C

Emeritus
1 hrs/week
SS

Simms Stuart O

Emeritus
1 hrs/week
CT

Collins Tiffani S

Board Vice President
SJ

Schmick John E

Board Second Vice President
YK

Young Karlo G

Board President

Associated People

Board members, advisors, and key contributors

Board of Directors

AT
Alexander Teri Trustee 1.00 hrs/week
BC
Berrier Christopher A Board Secretary 2.00 hrs/week
BD
Bisgaard Dennis Trustee 1.00 hrs/week
BC
Blatti Caroline Trustee 1.00 hrs/week
CT
Collins Tiffani S Board Vice President 2.00 hrs/week
CM
Cooper Marina Trustee 1.00 hrs/week
DW
Dixon W Boulton Trustee 1.00 hrs/week
FD
Farace David J Trustee 1.00 hrs/week
FM
Ford Michael C Trustee 2.00 hrs/week
FT
Ford Tracey H Trustee 1.00 hrs/week
HA
Holmgren Andrew B Trustee 1.00 hrs/week
HC
Hughes Christopher A Trustee 1.00 hrs/week
HD
Hunter David B Trustee 1.00 hrs/week
HC
Hurley Cheo D Trustee 2.00 hrs/week
HD
Hutchins Diane Trustee 2.00 hrs/week
KN
Kerman Nikki J Trustee 1.00 hrs/week
LD
Lagarde Douglas Trustee 1.00 hrs/week
LT
Lorber Timothy J Trustee 2.00 hrs/week
ME
Malfa Ereni Trustee 1.00 hrs/week
NM
Nespole Matthew Trustee 1.00 hrs/week
OL
Owen Lee S Trustee 1.00 hrs/week
PD
Paradis Daniel J Trustee 2.00 hrs/week
PD
Perfield David G Trustee 1.00 hrs/week
PJ
Perry Joshua R Trustee 1.00 hrs/week
PC
Post Christopher J Trustee 2.00 hrs/week
SS
Sadler Susan T Trustee 1.00 hrs/week
SJ
Schmick John E Board Second Vice President 2.00 hrs/week
SB
Shifrin Ben Trustee 1.00 hrs/week
SA
Smith Anna L Trustee 1.00 hrs/week
SH
Smyth Henry Pa Trustee 1.00 hrs/week
SL
Snyder Lawrence Trustee 1.00 hrs/week
SA
Staley Anne Trustee 1.00 hrs/week
SR
Stevens Randy S Trustee 1.00 hrs/week
SM
Sweeney Martha H Trustee 1.00 hrs/week
TJ
Timken John H Trustee 2.00 hrs/week
TA
Tuck Ashlee S Trustee 1.00 hrs/week
WC
Watson Craig S Board Treasurer 2.00 hrs/week
WP
Whitehead Pat Trustee 1.00 hrs/week
YW
Yerman William L Trustee 1.00 hrs/week
YK
Young Karlo G Board President 4.00 hrs/week

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2021)

$356K

Highest Paid

$144K

Jessica Suriano

Compensated Officers

3

Name Title Base Other Total Hrs/Wk
Jessica Suriano Executvie Director $135,539 $8,329 $143,868 40
Crystal Alston Director Of Advancement $102,214 $12,260 $114,474 40
Jill Wood Director Of Finance And Operations $83,077 $14,812 $97,889 40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

COVID-19 PPP Loans

Paycheck Protection Program (2020-2021)

Fully Forgiven

Total Approved

$117K

Total Forgiven

$118K

101% forgiven

Jobs Retained

7

Loan Details 1 loan

$117,175
Forgiven
Forgiven: $118,074 100%
Approved Apr 10, 2020
Lender Rosedale Federal Savings & Loan Association
Jobs Reported 7
Forgiven On Jan 26, 2021

Source: Small Business Administration • Paycheck Protection Program (2020-2021)

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$281K Grants Received
7 Organizations

Top Funders

7 total
TR
T Rowe Price Program For Charitable
$80K
BC
Baltimore Community Foundation Inc.
$80K
NF
Network For Good
$46K
TU
The United Way Of Central Maryland Inc.
$35K
KC
Kids Campaign Inc.
$20K
FI
Fidelity Investments Charitable Gift Fund
$12K
VF
Venable Foundation Inc.
$8K
T Rowe Price Program For Charitable Baltimore Community Foundation Inc. Network For Good The United Way Of Central Maryland Inc. Kids Campaign Inc. Fidelity Investments Charitable Gift Fund Venable Foundation Inc.
T Rowe Price Program For Charitable Baltimore Community Foundation Inc. Network For Good The United Way Of Central Maryland Inc. Kids Campaign Inc. Fidelity Investments Charitable Gift Fund Venable Foundation Inc.

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Contact

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808 North Charles Street Baltimore, MD 21201